Business Developments & Projects
Wintershall Dea exploring conversion of gas pipelines for CO2 transport
German oil and gas company Wintershall Dea and the OTH Regensburg University of Applied Sciences are working to explore how existing natural gas pipelines in the southern North Sea can be used for future CO2 transport. So far, the results suggest that the offshore pipelines could be safely and effic
Adriatic LNG starts 2021 Open Season
The operator of the LNG regasification terminal on the Italian Veneto coast Adriatic LNG has launched an open season for the acquisition of long-term regasification capacity.
Tecnalia unveils largest floating test lab for offshore industry
Spanish research and technological development centre Tecnalia has unveiled a new version of the HarshLab laboratory with increased features and capabilities to carry out tests and research and development activities to address the needs of offshore industries and increase their competitiveness.
Eni teams up with IRENA to speed up energy transition
Eni has entered into a partnership with the International Renewable Energy Agency (IRENA) to accelerate the energy transition.
SIMEC Atlantis grows half-year loss
SIMEC Atlantis Energy has released the financial results for the first six months of 2021 showing an increase in losses for the tidal energy developer when compared to the same period a year before.
Bilfinger to target new markets after merging two UK entities
Bilfinger will create a new business following the merger of its two core UK entities, in an effort to respond to a shift in market demand.
Subsea 7 wins major contract with mystery client
Subsea 7 has secured a “major” contract with an undisclosed client that extends the engineering, project management, and procurement scope of an award announced in mid-March.
Horisont Energi talks Barents Blue ammonia project with infrastructure investors
Norwegian carbon tech company Horisont Energi has been discussing the financing of the Barents Blue ammonia plant with a number of infrastructure investors.
Polish PGNiG and Qatari Black Cat join forces for oil & gas projects
PGNiG and Black Cat have signed a Memorandum of Understanding to cooperate on oil and gas production projects in the Gulf region.
Shipping’s decarbonization quest: 30,000 existing ships ready for wind propulsion tech
As the maritime industry’s quest for the best possible decarbonization has intensified, wind propulsion systems are gaining traction around the globe.
McDermott onboard AquaVentus hydrogen consortium
U.S. offshore engineering firm McDermott has joined the AquaVentus offshore wind-to-hydrogen project to contribute to German and European hydrogen strategy.
Aker BP books low-emission vessels from Solstad and Møkster
Aker BP has awarded two long-term contracts to Soltad and Møkster for its PSVs, which will be upgraded with a battery-hybrid system.
Qair partners up with Bretagne Ocean Power for tidal energy, green hydrogen and floating wind
French independent renewable energy producer Qair has signed a partnership agreement with business accelerator for marine renewable energy Bretagne Ocean Power to jointly contribute to the deployment of floating offshore wind, renewable hydrogen and tidal stream energy in the French region of Britta
Eidesvik scores long-term contract with Aker BP
Eidesvik Offshore has been awarded a three-year charter contract with the Norwegian oil and gas company Aker BP for its Viking Lady PSV.